BUM said:
If your family and extended family have set down deep roots in the community or have made commitments to each other then I believe that keeping close to the family could work out.
However, as in my case, if your adult children are likely to faced with job related relocation then keeping that house for the sake of the kids could be a costly and disappointing miscalculation.
Live where you want to live. When I left home after graduating from university I went to Houston (for training) then to Northern Louisiana, then escaped (at my moving expense) with a transfer to Los Angeles, and after a year and a half followed my sweetheart to her (4th generation) hometown of San Francisco with a lateral job change. Should my mother (in Albuquerque) and father (in Las Vegas) have dropped everything in their lives to follow me around the country?
Moving somewhere because someone you don't live with is also there may leave you holding a fairly empty bag if that other household has some reason to pull up stakes and move (say, to be closer to the ailing in-law parents?).
It may sound cold, but you've got to live for yourself first. I've seen a number of parents/children/siblings that have not followed the plans that others laid down for them. If you need to visit, shucks, you're retired, drive and inflict gift them with your presence for an extended stay.
The way my older and younger (and same aged) relatives/friends have been kicking the bucket recently, there's obviously no assurance that anyone will stick around once you make the move to be near them.
It seems like Nords' admonition to be responsible for your own entertainment should apply to this situation. Live for your self. Living for someone else (especially a relative that you may see once every 2-4 weeks - do your kids REALLY want you barging in the front door on a daily basis?) may be a poor choice.
cheers,
Michael